Maize weakens on reduced offtake

Press Trust of India  |  New Delhi 

Maize prices declined by Rs 10 per quintal in an otherwise steady wholesale grains market today due to reduced offtake by consuming industries.

However, other grains held steady in thin trade.


Traders said reduced offtake by consuming industries against adequate stocks position mainly helped maize prices to trade lower.

In the national capital, maize shed Rs 10 to Rs 1,300- 1,305 per quintal.

Following are today's quotations (in Rs per quintal):

Wheat MP (desi) Rs 2,125-2,325, Wheat dara (for mills) Rs 1,840-1,845, Chakki atta (delivery) Rs 1,845-1,850, Atta Rajdhani (10 kg) Rs 260-300, Shakti Bhog (10 kg) Rs 255-290, Roller flour mill Rs 1,000-1,010 (50 kg), Maida Rs 1,040-1,050 (50 kg)and Sooji Rs 1,070-1,080 (50 kg).

Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,800, Basmati common new Rs 7,800-7,900, Rice Pusa (1121) Rs 6,300-6,400, Permal raw Rs 2,275-2325, Permal wand Rs 2,325-2,375, Sela Rs 2,600-2,800 and Rice IR-8 Rs 1,925-1,950, Bajra Rs 1,190-1,195, Jowar yellow Rs 1,350-1,400, white Rs 2,700-2,800, Maize Rs 1,300- 1,305, Barley Rs 1,520-1,530.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, November 18 2017. 14:57 IST